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Extraction of Housing Provident Fund in Qinhuangdao City
Qinhuangdao housing provident fund extraction method is as follows:

1. Employees apply to the management center with relevant materials;

2. After the approval of the management center, the extracted funds will be transferred to the employee's personal bank account.

The role of housing provident fund is as follows:

1. Buying a house: you can use the provident fund to repay the loan;

2. Building construction, renovation and decoration: the withdrawal amount shall not exceed the building cost;

3. Renting: it can be used for renting affordable housing and renting houses in the market;

4. Parents buy houses for their children: parents' provident fund can be used to repay their children's mortgages;

5. After closing the account, you can withdraw the full amount: retirees, Hong Kong, Macao and Taiwan residents, people who have lost their ability to work, people who have terminated their labor relations with the unit, and people who receive unemployment benefits, and you can withdraw the full balance of the provident fund after closing the account;

6. Low-income poor relief workers can use it: the withdrawal amount shall not exceed the amount of the provident fund;

7. Treatment of major diseases: the application date should be within 1 year from the date of discharge, and the accumulated withdrawal amount should not exceed the personal burden of hospitalization expenses.

Legal basis: Article 24 of the Measures for the Administration of Housing Provident Fund in Hebei Province.

Workers in any of the following circumstances, you can extract the balance of storage in the employee housing provident fund account:

(a) the purchase, construction, renovation and overhaul of owner-occupied housing;

(2) retirement;

(three) completely lose the ability to work, and terminate the labor relationship with the unit;

(4) Having left the country to settle down;

(5) Repaying the principal and interest of the house purchase loan;

(six) the rent exceeds the prescribed proportion of family wage income.

In accordance with the provisions of items (2), (3) and (4) of the preceding paragraph, the employee housing provident fund account shall be cancelled at the same time. If an employee dies or is declared dead, the employee's heirs and legatees may withdraw the storage balance in the employee's housing provident fund account; If there is no heir or legatee, the storage balance in the employee housing provident fund account shall be included in the value-added income of the housing provident fund.